Starting a business: Procedures required - Men in Trinidad and Tobago
Trinidad and Tobago: Starting a business: Procedures required - Men was 7 number in 2019. ▼ Falling
Starting a business: Procedures required - Men in Trinidad and Tobago, 2005–2019
Source: World Bank. Measured in number.
Analysis
Trinidad and Tobago recorded 7 number for starting a business: procedures required - men in 2019. That is the lowest value across all 15 years on record.
Compared with earlier readings it is down 22.2% over ten years.
Over the whole period, starting a business: procedures required - men in Trinidad and Tobago peaked at 9 number in 2005 and was at its lowest, 7 number, in 2013.
That places Trinidad and Tobago 63rd out of 191 countries with data for 2019, putting it in the middle of the range.
The long-run direction has been consistently falling across the 15 years of available data.
Starting a business: Procedures required - Men in Trinidad and Tobago, year by year
| Year | number | Change |
|---|---|---|
| 2005 | 9 number | — |
| 2006 | 9 number | +0.0% |
| 2007 | 9 number | +0.0% |
| 2008 | 9 number | +0.0% |
| 2009 | 9 number | +0.0% |
| 2010 | 8 number | -11.1% |
| 2011 | 8 number | +0.0% |
| 2012 | 8 number | +0.0% |
| 2013 | 7 number | -12.5% |
| 2014 | 7 number | +0.0% |
| 2015 | 7 number | +0.0% |
| 2016 | 7 number | +0.0% |
| 2017 | 7 number | +0.0% |
| 2018 | 7 number | +0.0% |
| 2019 | 7 number | +0.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9 number | 9 number | 9 number | 5 |
| 2010s | 7.3 number | 7 number | 8 number | 10 |
Countries ranked near Trinidad and Tobago
- 62 Mexico 7.83 number compare
- 63 Nigeria 7 number compare
- 63 Bahamas 7 number compare
- 63 Barbados 7 number compare
- 63 Bulgaria 7 number compare
- 63 Colombia 7 number compare
- 63 Croatia 7 number compare
- 63 Dominican Republic 7 number compare
- 63 Gabon 7 number compare
- 63 Guyana 7 number compare
- 63 Italy 7 number compare
- 63 Jordan 7 number compare
- 63 Kenya 7 number compare
- 63 Kiribati 7 number compare
- 63 Malawi 7 number compare
- 63 Micronesia, Federated States of 7 number compare
- 63 Nicaragua 7 number compare
- 63 Paraguay 7 number compare
- 63 San Marino 7 number compare
- 63 Serbia 7 number compare
- 63 Slovakia 7 number compare
- 63 Solomon Islands 7 number compare
- 63 South Africa 7 number compare
- 63 Spain 7 number compare
- 63 Sri Lanka 7 number compare
- 63 Saint Kitts and Nevis 7 number compare
- 63 Saint Vincent and the Grenadines 7 number compare
- 63 Syrian Arab Republic 7 number compare
- 63 Türkiye 7 number compare
- 63 Vanuatu 7 number compare
- 63 Zambia 7 number compare
More private sector data for Trinidad and Tobago
- Merchandise trade 48.6% (2025)
- Food imports 16.4% (2024)
- Manufactures imports 61.9% (2024)
- Merchandise imports 5.80 billion current US$ (2025)
- Food exports 8.2% (2024)
- Manufactures exports 59.1% (2024)
- Merchandise exports 6.82 billion current US$ (2025)
- Merchandise exports (current US$), per capita 4,983 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2627 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -13.71 % change on previous year (2025)
Frequently asked questions
- What is starting a business: procedures required - men in Trinidad and Tobago?
- Starting a business: procedures required - men in Trinidad and Tobago was 7 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men recorded in Trinidad and Tobago?
- The highest recorded value was 9 number in 2005.
- What is the lowest starting a business: procedures required - men recorded in Trinidad and Tobago?
- The lowest recorded value was 7 number in 2013.
- How does Trinidad and Tobago rank for starting a business: procedures required - men?
- Trinidad and Tobago ranks 63rd out of 191 countries with data for 2019.
- Is starting a business: procedures required - men rising or falling in Trinidad and Tobago?
- Over the last ten years it is down 22.2%. The long-run trend across the full record is falling.
- Where does this Trinidad and Tobago data come from?
- The figures come from the World Bank, published as part of Starting a business: Procedures required - Men (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 15 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The number of procedures for men records all the procedures required in practice for five male married entrepreneurs to start and operate a local limited liability company. A procedure is de?ned as any interaction of the company founders with external parties. Both pre- and post-incorporation procedures that are officially required or commonly done in practice are recorded.